What is Heitech Padu Bhd Return-on-Tangible-Equity?
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Heitech Padu Bhd's annualized net income for the quarter that ended in Mar. 2024 was RM0.5 Mil. Heitech Padu Bhd's average shareholder tangible equity for the quarter that ended in Mar. 2024 was RM126.2 Mil. Therefore, Heitech Padu Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 0.42%.
The historical rank and industry rank for Heitech Padu Bhd's Return-on-Tangible-Equity or its related term are showing as below:
XKLS:5028'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -24.1 Med: -3.34 Max: 11.8
Current: 11.8
During the past 13 years, Heitech Padu Bhd's highest Return-on-Tangible-Equity was 11.80%. The lowest was -24.10%. And the median was -3.34%.
XKLS:5028's Return-on-Tangible-Equity is ranked better than 57.28% of 2371
companies
in the Software industry
Industry Median: 7.97
vs XKLS:5028: 11.80
Heitech Padu Bhd Return-on-Tangible-Equity Historical Data
The historical data trend for Heitech Padu Bhd's Return-on-Tangible-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Heitech Padu Bhd's Return-on-Tangible-Equity
For the Information Technology Services subindustry, Heitech Padu Bhd's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Heitech Padu Bhd's Return-on-Tangible-Equity Distribution in the Software Industry
For the Software industry and Technology sector, Heitech Padu Bhd's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Heitech Padu Bhd's Return-on-Tangible-Equity falls into.
Heitech Padu Bhd Return-on-Tangible-Equity Calculation
Heitech Padu Bhd's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2024) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
Heitech Padu Bhd (XKLS:5028) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Heitech Padu Bhd Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of Heitech Padu Bhd's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Heitech Padu Bhd offers systems integration, network related services, data centre management, disaster recovery services, and other information technology related services. The group is reorganized based on business maturity and is segregated as Core 1, which offers system integration and application development focusing on business acquisition for largely the Public Sector market. Core 2, which represents various offerings in different sectors by the group's subsidiaries; and Core 3, which carries the offerings for business acquisition mainly for the transport, financial services, and other segments. Geographically, it operates in Malaysia, Australia, and Indonesia. It has three operating segments: Information technology; Mailing and document processing services and Engineering works.
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